The Internal Revenue Service (IRS) has set its sights on high-income earners who have neglected to file tax returns, with a targeted approach aimed at 125,000 cases since 2017.

US IRS launches crackdown on 125,000 unfiled high-income tax returns

In the latest development surrounding China Evergrande Group's financial turmoil, a second mansion once owned by the company's chairman, Hui Ka Yan, has been listed for sale by receivers, as reported by property agent Savills.

Second mansion of Evergrande chairman hits market amid liquidation

Citigroup is set to lay off 286 employees in New York, as disclosed in recent filings with the State Department of Labour. According to Reuters, the filings, dated earlier this week, reveal that the job cuts will affect 239 employees from its primary banking subsidiary, 44 from its broker-dealer unit, and three from its technology arm.

Citigroup announces layoffs of 286 employees in New York: Report

The latest government data from Reuters reveals that Japan's jobless rate experienced a notable decline, reaching 2.4 per cent in January, down from a revised 2.

Japan's jobless rate hits 2.4 per cent in January amid labour shortage: Report

At the G20 meeting on Thursday, Brazil’s finance minister, Fernando Haddad, proposed the implementation of a global tax on the super-rich to combat the rampant issue of tax evasion, the AP news reported.

Brazil urges G20 to enforce global tax on super-rich in battle against tax evasion

Cryptocurrency exchange Gemini has reached a settlement with the New York Department of Financial Services (NYDFS), agreeing to refund at least $1.1 billion to customers impacted by its discontinued lending program, Reuters reported.

Crypto exchange Gemini agrees to return $1.1 billion to customers in regulatory settlement

Global oil prices experienced a notable uptick on Friday, poised to conclude the week with a modest increase, as ceasefire talks in Gaza faced complications following the deaths of over 100 Palestinians awaiting aid delivery.

Oil prices surge amid Gaza ceasefire talks complications and tensions in West Asia

China's manufacturing sector recorded a contraction for the fifth consecutive month, as revealed by an official factory survey on Friday. The manufacturing purchasing managers' index (PMI), compiled by the National Bureau of Statistics (NBS), dropped to 49.

China's manufacturing contracts for 5th month, sparks calls for increased stimulus

An inaugural Corporate Travel Summit hosted by FCM Travel India, highlighted that India’s business travel industry is expected to grow and reach $38.2 billion in the year 2024.

India's business travel industry poised for growth, expected to reach $38.2bn in 2024

During Apple's annual shareholder meeting, CEO Tim Cook revealed plans to provide more insights into the company's utilisation of generative artificial intelligence (AI) later this year.

Apple to expand generative AI use: CEO Tim Cook at shareholder meeting

Paramount Global's quarterly revenue disappointed Wall Street on Wednesday, even after posting a profit boosted by streaming gains that overshadowed a sluggish advertising market.

Paramount global surprises with streaming growth despite missing revenue estimates

A dispute has arisen over reforming the World Trade Organisation's dispute settlement system at the 13th ministerial meeting (MC13), with India accusing the US of stalling progress.

WTO Showdown: US-led reform efforts trigger friction with India

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